By Natalia Konarzewska

March 23, 2020

On January 8, 2020, Turkey's President Recep Tayyip Erdoğan and his Russian counterpart Vladimir Putin attended the opening ceremony of TurkStream, the natural gas pipeline that is envisaged to carry Russian gas to Turkey and then to Southeastern Europe. A month earlier, Erdoğan and Azerbaijan's President İlham Aliyev inaugurated another gas project that Turkey participates in, the Trans Anatolian Gas Pipeline (TANAP) and which will deliver Azerbaijani gas to Turkey and to southern Europe. Yet TurkStream and TANAP offer mixed prospects for advancing Turkey's strategy to become an energy transit state for Europe because of limitations of capacity and unclear or limited perspectives of expansion. Even though both pipelines are seen as cornerstones of Turkey's gas strategy, they are in fact being brought to completion at a time when Ankara tries to reduce its dependency on pipeline gas and seeks to benefit from the booming liquified natural gas market.

By Micha’el Tanchum

February 20, 2020

The Turkey-Russia relationship is in the midst of a major reset. The outbreak of hostilities in Syria's Idlib province has left thirteen Turkish soldiers dead and seven Turkish military posts under siege by Russian-backed Syrian government forces. Prior policy convergences between Turkey and Russia had raised speculation about the prospect of a Turkish-Russian strategic partnership dominating the security architecture on Europe's southern borders. However, Ankara seems to have overplayed its hand in what is fundamentally a transactional relationship with Moscow. A total rupture in Turkish-Russian cooperation is unlikely, even in the event of a Turkish counter-offensive. However, Russia's reduced cooperation with Turkey will likely result in Russia's further development of more robust strategic partnerships with Turkey's rivals – the United Arab Emirates and Saudi Arabia. 

By Barış Soydan

February 19, 2020

Massive infrastructure projects have become the bedrock of the political economy of Turkey. With the projected building of a canal that would devastate Istanbul’s ecology, and which will vastly increase the budget deficit, the destructive consequences of the collusion of state power and business interests in Turkey risks reaching unprecedented levels. While Turkish crony capitalism requires new mega projects to survive, the Turkish political regime must keep feeding its cronies in order to retain its grip on the country. But the ultimate project of Turkish crony capitalism could spell the end of Istanbul.